Here is a quick run-through on creating a linear regression model using two popular variable selection/shrinkage methods (LASSO and Elastic-Net), followed by backward stepwise selection to arrive at a parsimonious model.
Here is a quick run-through on creating a linear regression model using two popular variable selection/shrinkage methods (LASSO and Elastic-Net), followed by backward stepwise selection to arrive at a parsimonious model.